frugality
It's a contentious personal finance debate: To stay out of debt and get rich, should we focus on controlling our small purchases, or put most of our effort into making the big gains in areas like earnings? DailyFinance asks three of the Web's most popular personal finance bloggers for their views.
What's the cheapest thing B-movie maestro Roger Corman ever did in the movie biz? Find out in our interview with the penny-pinching master of the low-budget film, who's in Cannes to promote a documentary about himself, Corman's World: Exploits of a Hollywood Rebel.
An Essay: Lessons From the Recession, Learned the Hard Way
12:00PM 4/10/2011
The pain caused by the recession can't be minimized: millions of homes lost to foreclosure, 8 million jobs erased from the landscape, families displaced, lives disrupted.
But there are a few linings to the recessionary dark cloud that don't get discussed that much. There are people who have been...
Jim Dailakis realized he was taking frugality too far by saving a few dollars riding the bus and subway to work in New York City, despite the availability of a more expensive commuter train that cut the trip's time in half. Dailakis eventually figured out that time was money, and the extra $8 to...
Five Surefire Tricks for Saving, Even for Students
11:00AM 2/17/2011
Banking - Savings Account, college finance, Economizer, Saving Money
My philosophy once was: If it isn't in the bank I can't spend it. So I would let two or three paychecks accumulate on my dresser (probably to the dismay of my employer) to keep those funds from burning a hole in my checking account.
Then I figured it was time to come up with better tricks...
When "frugal fatigue" becomes a part of the lexicon and millionaire celebrities find it hip to brag about clipping coupons or not buying diamonds, you know that frugality has reached its apex. But as widespread as it is, frugal is still the new black, and what started as a way to survive during a...
Surviving an Accidental Retirement
9:00AM 1/08/2011
Lots of folks have reached retirement by surprise, thanks to the Great Recession. So, if you're scrambling to come up with a Plan B and plug the financial gap created by an unexpectedly early end to your career, here are some good ideas.
Some communities question if they can function along the Spartan economic guidelines touted by Tea Party activists. One place those municipal leaders might want to examine is Colorado's second-largest city. It's a laboratory in draconian fiscal conservatism.
U.S. consumers appear to be getting bit less frugal: The amount of consumer credit in use unexpectedly rose in October for the second straight month. But the whole rise came from non-revolving debt, which includes auto loans and personal loans, while revolving debt, which includes credit cards, plunged.
A recent poll shows that penny-pinching is still on the rise in the wake of the Great Recession: 62% of American surveyed are buying more generic brands, and 45% are brown-bagging lunch to save cash. Moreover, the direction of the poll numbers suggests permanent changes in the way Americans spend.
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